Barclays, HSBC Co-lead A consortium To Lend Israel’s Tamar $902 Mln
A group developing the Tamar field off Israel's Mediterranean coast said on Sunday they signed a $902 million…
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Banks
BofA Must Defend $20 Mln Merrill Buyout Settlement
Bank of America Corp directors, who were sued by shareholders for allegedly paying too much for Merrill Lynch &…
UAE’s NBAD Launches Real Estate Fund
National Bank of Abu Dhabi, the UAE's top bank by market capitalization, has partnered with Kuwaiti firm Gulf…
Spain’s Bankia Expects Profit In Q1
Bankia, Spain's third-biggest bank by assets, expects to post a profit for the first quarter of 2012, Chief…
UAE’s Rakbank Registers Dhs325 Mln Net profit In Q1
The National Bank of Ras Al-Khaimah (P.S.C.) (Rakbank) has reported a net profit of Dhs325.3m for the quarter ended…
AlexBank To Implement 60 ATMs & Develop 20 Branches In 2012
Alex Bank, subsidiary of Intesa Sanpaolo Group, intends implementing 60 more ATMs to reach 320 ATMs, up from 260…
Emirates Holidays Partners with Visa for a Year of Exclusive Travel Offers
Visa cardholders can now travel to a host of breathtaking destinations for less through an exclusive new…
IDBE’s Investments Reach EGP 600 Mln In March 2012
Industrial Development and Workers Bank of Egypt’s investments reached EGP 600 million in last March as the lender…
Adly: Bank Audi Expands In Arranging Syndicated Loans
Bank Audi is participating in 20 syndicated loan deals and plans to participate, arrange and guarantee more…
Bahrain Banking Outlook Negative – Moody’s
The outlook on Bahrain's retail banking system remains negative, reflecting the fragile operating environment,…
